Egypt: 75 pounds, a new increase for each ton of beets supplied by farmers

Sugar Beet

Vegetables

Egypt

Published Mar 16, 2023

Tridge summary

Today, Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, met with Major General Hisham Al-Hosari, Chairman of the Agriculture Committee in the Egyptian Parliament, and chairmen of the boards of directors of sugar beet companies, as well as the Managing Director of the Sugar and Integrated Industries Company, and Vice President of the Supply Commodities Authority. It was agreed to approve another increase of 75 pounds per ton of sugar beet, in addition to all other incentives related to quality (earliness / sweetness / cleanliness) that were previously agreed upon.

This came to take the necessary measures towards directing all aspects of support to farmers and setting attractive prices for the supply of the sugar beet crop for this season, in contrast to the exceptional incentive bonuses that were approved for this season according to the contract with the farmers.

It is noteworthy that the price of supplying a ton of cane and beets is EGP 1,100 each during the current harvest season.

Original content

Today, Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, met with Major General Hisham Al-Hosari, Chairman of the Agriculture Committee in the Egyptian Parliament, and chairmen of the boards of directors of sugar beet companies, as well as the Managing Director of the Sugar and Integrated Industries Company, and Vice President of the Supply Commodities Authority. It was agreed to approve another increase of 75 pounds per ton of sugar beet, in addition to all other incentives related to quality (earliness / sweetness / cleanliness) that were previously agreed upon. This came to take the necessary measures towards directing all aspects of support to farmers and setting attractive prices for the supply of the sugar beet crop for this ...

Source: Almalnews